Gov. Cuomo out on the Stump for Casino Gambling

Governor Cuomo continues his push for the legalization of Casino Gambling in New York at an appearance at Molloy College on Long Island.  Appearing with Republican Nassau County Executive Ed Mangano, an apparent mutual admiration society, making, as the Long Island Press described it:

quick dispatch of his arguments in favor of building “the largest convention center in the nation” at Aqueduct racetrack as well as legalizing casino gambling in the state. Surprisingly, he did not mention that the key to his plan for this development in Queens is the $4-billion private investment of Genting New York, which already runs a racino there with video slot machines.

“What is a racino?” he asked rhetorically with a grin. “It’s a casino with an ‘R’!” Saying that the state has 29,000 slot machines—“more than Atlantic City”—he explained, “We’re in the business already. Let’s do gaming right in New York State!”

To legalize casino gambling off the Indian reservations, he will need to amend the state constitution. He said he hopes to get the first stage of that process done this year.

http://www.longislandpress.com/2012/02/03/cuomo-brings-budget-reform-road-show-to-molloy/

And Yahoo News is trumpeting the also apparent inevitable onslaught of online gambling in the United States.  This is a very informative article on this issue and worth perusing.

Online gambling -- a sure bet

One thing is abundantly clear -- legalized and regulated online gambling is coming to the United States. The only question is who will be getting rich from it. At the moment, Nevada, New York, Hawaii and Illinois all have online gambling legislation in the works. For bankrupt states and cities, the windfall of tax revenue from internet gaming sites based in their jurisdiction would be a budget-saver. Until now, it looked as if Washington and the others were headed for victory and financial salvation.

State vs. federal

Online gambling is set to be the next fierce political battle between the states and the federal government. According to one councilman from Washington DC who supported the online gambling law, the nation's giant casinos have teamed up with Congress to steal the right, and the revenue, away from the states.

http://news.yahoo.com/states-congress-race-control-online-gambling-203200891.html


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